Monday, March 16, 2020
News

Equinor Orders Longer Shifts for Offshore Staff Due to Coronavirus

By Nerijus Adomaitis OSLO, March 16 (Reuters) – Equinor will extend its employees’ shifts at offshore platforms to 21 days from 14 days to reduce the risk of coronavirus spread, the oil...

March 16, 2020
Total Views: 31

Thursday, March 12, 2020
offshore rig
Maritime News

UK Imposes Travel Restrictions to North Sea Oil and Gas Installations

LONDON, March 12 (Reuters) – Britain’s oil and gas sector association OGUK on Thursday banned people from travelling to offshore installations such as platforms if they have travelled to certain countries affected...

March 12, 2020
Total Views: 130

Friday, March 6, 2020
offshore rig
News

North Sea Oil Producers Face Demanding Near-Term Carbon Target

By Mathew Carr (Bloomberg) — A group of U.K. North Sea oil and natural gas producers face an ambitious government-mandated target to cut their emissions as soon as 2025 as the...

March 6, 2020
Total Views: 20

Tuesday, February 25, 2020
offshore oil and gas rig
Maritime News

Equinor Abandons Drilling Plan in Great Australian Bight

Norwegian energy firm Equinor says it is halting exploration drilling in the Great Australian Bight offshore southern Australia.  The move comes after a review by Equinor that determined its existing...

February 25, 2020
Total Views: 28

Tuesday, February 4, 2020
offshore rig north sea
News

Norway to Set New Limit for Arctic Offshore Drilling

By Nerijus Adomaitis OSLO, Feb 4 (Reuters) – Norway may restrict oil firms’ access to offshore resources in the Arctic by moving the so-called ice edge, a line that sets a legal...

February 4, 2020
Total Views: 10

Wednesday, January 22, 2020
McDermott International
Maritime News

McDermott International Files for Chapter 11 Bankruptcy

(Reuters) – U.S. oilfield services provider McDermott International Inc said on Tuesday it would file for prepackaged bankruptcy protection under Chapter 11, as it looks to cut debt that ballooned...

January 22, 2020
Total Views: 17

Wednesday, January 8, 2020
offshore oil rig
Maritime News

Transocean’s First Fleet Status Report of 2020 Reflects Offshore Drilling Uptick

Offshore drilling contractor Transocean has announced nearly $353 million in new rig contracts and exercised options as the offshore drilling market continues to improve. Transocean said is it currently seeing...

January 8, 2020
Total Views: 19

Wednesday, January 1, 2020
Interesting

The Maritime Stories That Shaped the Decade

As the 2010’s come to a close, we’re taking a look back at the maritime stories that kept us talking the most these last ten years.  Deepwater Horizon For me,...

January 1, 2020
Total Views: 267

Thursday, December 26, 2019
offshore rig
Maritime News

First Oil Shipped from Guyana

By Natnicha Chuwiruch and Kevin Crowley (Bloomberg) –Exxon Mobil Corp. and its partners produced the first commercial crude from Guyana, setting the small South American nation on a path to...

December 26, 2019
Total Views: 17

Monday, December 9, 2019
offshore drilling rig brazil
Offshore

Brazil Will Drill Massive Oil Find Despite Climate Concerns

By Jake Spring MADRID, Dec 9 (Reuters) – Brazil will push to expand oil drilling in its massive “pre-salt” oil and gas area off its coast in spite of growing...

December 9, 2019
Total Views: 2

Tuesday, December 3, 2019
offshore oil rig
Maritime News

Apache Plunges on ‘Incredibly Thin’ Suriname Well Update

By Rachel Adams-Heard and Simon Casey (Bloomberg) –Apache Corp. tumbled after the company’s update on a closely watched exploratory oil well off the coast of Suriname offered little indication as...

December 3, 2019
Total Views: 3

Wednesday, November 13, 2019
offshore oil rig
Offshore

Global Oil Demand Growth to Slow from 2025 – IEA

By Nina Chestney LONDON, Nov 13 (Reuters) – Growth in global oil demand is expected to slow from 2025 as fuel efficiency improves and the use of electric vehicles increases,...

November 13, 2019
Total Views: 3

Tuesday, November 12, 2019
offshore rig
Offshore

Offshore Oil Seen Peaking in 2020 Before Joining Shale in Market Drop

By David Wethe and Allison Mccartney (Bloomberg) –Offshore oil production is expected to hit a peak in 2020 before joining the shale industry in a slowdown that could dramatically rewrite...

November 12, 2019
Total Views: 6

Thursday, November 7, 2019
offshore drilling rig brazil
Maritime News

Big Oil Stuns Brazil in Back-to-Back Auction Flops

By Marianna Parraga, Gram Slattery and Marta Nogueira RIO DE JANEIRO, Nov 7 (Reuters) – Major global oil firms snubbed a second Brazilian oil auction in a row on Thursday,...

November 7, 2019
Total Views: 2

Wednesday, November 6, 2019
offshore drilling rig brazil
Offshore

Brazil’s Biggest-Ever Oil Auction a ‘Total Disaster’ as Bidders Stay Away

By Sabrina Valle, Peter Millard and Luiza Ferraz (Bloomberg) –Brazil’s largest-ever auction of oil deposits flopped, sending the real tumbling, after state-controlled Petroleo Brasileiro SA did most of the bidding...

November 6, 2019
Total Views: 4

Tuesday, November 5, 2019
Transocean Spitsbergen
Maritime News

Green Groups Return to Court to Stop Arctic Oil Drilling off Norway

By Nerijus Adomaitis OSLO, Nov 5 (Reuters) – Environmental groups urged a Norwegian appeals court on Tuesday to take emissions from the country’s oil and gas exports into account when...

November 5, 2019
Total Views: 5

Thursday, October 31, 2019
offshore drilling rig brazil
Offshore

Exxon May Take a Pass on Brazil’s Top Deepwater Oil Discovery

By Peter Millard (Bloomberg) –Exxon Mobil Corp. could take a pass on what it considers the world’s top deep-water oil discovery when Brazil puts the giant Buzios field up for...

October 31, 2019
Total Views: 14

Thursday, October 24, 2019
drillship
Interesting

U.S. Gulf’s Deepwater Oil Drillers Get $18 Billion Break from Decades-Old Law

By Jennifer A. Dlouhy (Bloomberg) –The U.S. has forfeited some $18 billion tied to oil and gas production in the Gulf of Mexico since 2000 because of a decades-old law...

October 24, 2019
Total Views: 31

johan sverdrup
Offshore

Norway’s New Crude a Threat to Rivals in Asia

By Bloomberg News (Bloomberg) –Norway’s new oil grade is making inroads in Asia, threatening to undermine sales of similar crudes from Africa and South America. China’s Unipec, at least one...

October 24, 2019
Total Views: 5

Monday, October 14, 2019
greenpeace brent protest
Maritime News

Greenpeace Climbs Decommissioned North Sea Platform

By Ron Bousso LONDON, Oct 14 (Reuters) – Greenpeace activists boarded two Royal Dutch Shell oil platforms in the British North Sea on Monday in protest against plans to leave...

October 14, 2019
Total Views: 12